Povoa de Lanhoso Retail investment - Póvoa de Lanhoso
This supermarket is located in Amarante in Portugal and is currently let to a major privately owned supermarket chain with hundreds of stores across the country. This award-winning supermarket is renowned for its fresh produce and ready meals.
This 1,355 sqm supermarket is currently let to an AAA client for three years and the lease is set to end on 30th April 2023. With an annual rent of €182,116 (+ VAT), this commercial property has a gross yield of 6%.
With a blue-chip tenant occupying the property, this supermarket represents a stable retail investment even in these times of uncertainty.
- Selling price: €3,035,262
- Annual rent: €182,116 (+ VAT)
- Gross yield: 6%
- GLA: 1,355 sqm
- Duration: 3 years
- End of lease: 30th April 2023
- Deal type: Asset deal
Located close to other major brands, this retail property is situated in the village of Póvoa de Lanhoso in Braga, which is one of Portugal’s largest municipalities. Home to around 21,886 inhabitants, Póvoa de Lanhoso has a population density of 179 people per square kilometre.
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Managing Director, Portugal